Crizac Limited, a business-to-business learning platform, is set to debut its initial public offering on July 2, 2025. The period for bidding will stay open until July 4, 2025, for public enrollment. The allocation procedure is anticipated to be completed on Monday, July 7, 2025. The stocks will be listed on BSE and NSE, with a provisional listing date set for Wednesday, July 9, 2025.
Crizac Limited IPO Issue Details
Crizac IPO involves a bookbuilding process of ₹860 crores. The matter solely involves a sale offer of 3.51 crore shares. The price range for the IPO is established at ₹233 to ₹245 for each share. The smallest lot size for an application is 61, and the least amount of investment needed is ₹14,213.
Equirus Capital Private Limited and Anand Rathi Advisors Limited will serve as the book-running lead managers for the IPO of Crizac Limited. MUFG Intime India Private Limited (previously Link Intime India Private Limited) will serve as the registrar for the offering
GMP Details
Before its IPO, the Grey Market Premium (GMP) for Crizac Limited is recorded at ₹0 as of July 1, 2025, at 11:19 a.m. This shows a straightforward listing of the shares at ₹245, without any premium or discount.
Source: Livemint Media Report dated July 1, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
About Crizac Limited
Crizac Limited, established in 2011, is an expanding educational platform providing international student recruitment services to global institutions in the UK, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ). During the previous financial years 2022, 2023, and 2024, the firm gathered student applications from more than 75 nations for higher education, acquiring 5.95 lakh applications and collaborating with over 135 international institutions. As of September 2024, Crizac Limited had approximately 7900 agents globally. In FY24, 25, 32 agents were engaged, with 1524 based in India and roughly 1008 from more than 25 countries, such as the UK, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Cameroon, Ghana, Kenya, Vietnam, Canada, and Egypt. Crizac Limited comprises a workforce of 210 staff members and 10 consultants.
As of September 2024, the company boasts approximately 7,900 agents worldwide and has handled more than 5.95 lakh student applications.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
